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Vietnamese Auto Manufacturer to Establish $130 Million EV Battery Plant With China’s BYD

Vietnam auto manufacturer Kim Long Motor said on Tuesday that it was partnering with China's BYD to develop a $130 million plant to produce batteries for commercial electric vehicles in central Vietnam. Under the agreement, Kim Long Motor will fund ...

With Reuters

Indonesia Seeks to Diversify Partners for Its New Rare Earth Industry but Moving Away From China Will Be Difficult
Indonesia’s plans to develop its rare earth resources face a geopolitical dilemma because the fastest way to process them relies on China’s dominant technology and supply chains, even as the United States and its allies are urging Jakarta to reduce dependence on Beijing. Photo by AFRIADI HIKMAL / NURPHOTO / NURPHOTO VIA AFP
Indonesia sits on a geological treasure trove of rare earth minerals, and the government is eager to tap into the wealth they could bring. While it knows how to find, mine, and sell the highly sought-after critical materials, it confronts a geopolitical dilemma: The only ...

Vietnamese Auto Manufacturer to Establish $130 Million EV Battery Plant With China’s BYD

Vietnam auto manufacturer Kim Long Motor said on Tuesday that it was partnering with China's BYD to develop a $130 million plant to produce batteries for commercial electric vehicles in central Vietnam. Under the agreement, Kim Long Motor will fund ...
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